PR Log - Jul 10, 2012 - Businesses that sell equipment or technology know that closing a sale with cash can be a tough sell. Often, customers don't want to go through the hassle of applying for a bank loan, and no business wants to lay out a large amount of cash for a purchase that pays for itself over time. That's where vendor lease programs come in.
Advantage Leasing Corporation, an equipment leasing company based in Milwaukee, WI, specializes in working with companies that sell equipment in the $5,000-$150,000 range. To assist these companies with offering additional financing solutions, they have developed a comprehensive vendor leasing program. “The purpose of the Vendor Lease Program is to make it as easy as possible for our partner companies to close a sale,” says Mike Elton, Vice President - Sales.
Customers can check rates with an online lease calculator, figure out their payments, and apply for a financing arrangement, all with a seamless web interface. “Approvals are often same day,” says Elton. The web tools with the Vendor Lease Program also allow these companies to offer a monthly payment option earlier in the sales process.
Advantage distinguishes itself from other equipment leasing (http://www.advantageleasing.com) vendor programs by creating custom buttons for their partners’ websites that link the partner website directly to an online lease calculator and online lease application.
Leasing or financing programs are especially attractive because they enable the buyer to spread the costs of the equipment over time, and the salesperson to sell a payment, not a lump sum. Lease programs allow partner companies to focus on doing what they do best – selling equipment, not managing financing programs.
As a direct lender with their own capital base, not a broker, Advantage Leasing offers some of the most competitive rates available from equipment leasing companies. (http://www.advantageleasing.com)